SB426 Alabama 2014 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2014
Title
Taxation, Wallace State Community College in Hanceville Future Foundation, exempt from state, county, and local ad valorem taxes, Act 2013-170, 2013 Reg. Sess., am'd.; Sec. 40-9-25.19 am'd.
Description
<p class="bill_description"> Under existing law, the Lurleen B. Wallace
Community College Foundation and the Calhoun
Community College Foundation are exempt from any
state, county, and local ad valorem taxes</p><p class="bill_description">
This bill would exempt the Wallace State
Community College in Hanceville Future Foundation
from any state, county, and local ad valorem taxes</p><p class="bill_entitled_an_act"> To amend Act 2013-170, now appearing as Section
40-9-25.19 of the Code of Alabama 1975, to exempt the Wallace
State Community College in Hanceville Future Foundation from
any state, county, and local ad valorem taxes.
</p>
Subjects
Taxation
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| April 1, 2014 | S | Indefinitely Postponed |
| March 19, 2014 | S | Read for the second time and placed on the calendar |
| March 4, 2014 | S | Read for the first time and referred to the Senate committee on Finance and Taxation General Fund |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB426 Alabama 2014 Session - Introduced |